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JULY 2012 PRODUCTION UPDATE

16-08-2012


KOMISJA NADZORU FINANSOWEGO
Raport bieżący nr 20 / 2012
Data sporzÄ…dzenia: 2012-08-16
Skrócona nazwa emitenta
SADOVAYA GROUP S.A.
Temat
JULY 2012 PRODUCTION UPDATE
Podstawa prawna
Inne uregulowania
Treść raportu:
Sadovaya Group S.A., a joint stock company under Luxembourg law, with registered office at 65, boulevard Grande-Duchesse Charlotte L–1331 Luxembourg, registered in the Luxembourg Register of Companies under No. B 153.489, (the "Company"), hereby provides update on coal production in July 2012:

 Coal sales down 28.4% month-on-month on weak summer demand. As of today the demand is recovering.
 Coal mining increased by 1.0% month-on-month.
 A new longwall on Rassvet-1 mine was put into operation on 15th of August.

Development of module enrichment complex (MEC) construction (please find photos of construction progress on the next page):

 Paneling and commissioning of electrical equipment was completed
 Successful test launches of conveyors were conducted
 The launch of the MEC is scheduled for late August

For detailed information about production and MEC construction please see attached file.

Legal grounds: article 56.1 in connection with article 56.6 of the Act of 29 July 2005 on the public offering, conditions governing the introduction of financial instruments to organised trading system and on public companies.

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